2022 Q4 Form 10-Q Financial Statement

#000168316822007448 Filed on November 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $5.000K $2.000K $0.00
YoY Change
Cost Of Revenue $0.00 $0.00 $0.00
YoY Change
Gross Profit $5.000K $2.000K $0.00
YoY Change
Gross Profit Margin 100.0% 100.0%
Selling, General & Admin $1.888M $1.914M $1.904M
YoY Change 3.51% 0.53% 24.44%
% of Gross Profit 37760.0% 95700.0%
Research & Development $2.523M $2.743M $2.232M
YoY Change 12.18% 22.89% 8.88%
% of Gross Profit 50460.0% 137150.0%
Depreciation & Amortization $310.0K $19.00K $21.00K
YoY Change 1450.0% -9.52% 110.0%
% of Gross Profit 6200.0% 950.0%
Operating Expenses $4.411M $4.657M $4.136M
YoY Change 8.3% 12.6% 15.53%
Operating Profit -$4.406M -$4.655M -$4.136M
YoY Change 8.18% 12.55% 15.53%
Interest Expense $134.0K $60.00K -$50.00K
YoY Change -281.08% -220.0%
% of Operating Profit
Other Income/Expense, Net $53.00K -$50.00K
YoY Change -206.0%
Pretax Income -$4.272M -$4.602M -$4.186M
YoY Change 3.01% 9.94% 16.93%
Income Tax $0.00 $0.00 $17.00K
% Of Pretax Income
Net Earnings -$4.272M -$4.602M -$4.203M
YoY Change 2.57% 9.49% 17.4%
Net Earnings / Revenue -85440.0% -230100.0%
Basic Earnings Per Share -$0.20 -$0.19
Diluted Earnings Per Share -$0.18 -$0.20 -$185.7K
COMMON SHARES
Basic Shares Outstanding 23.85M shares 23.63M shares 22.63M shares
Diluted Shares Outstanding 23.29M shares 22.63M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $21.18M $23.29M $31.79M
YoY Change -26.19% -26.75% 25.65%
Cash & Equivalents $21.18M $23.29M $31.79M
Short-Term Investments
Other Short-Term Assets $418.0K $597.0K $429.0K
YoY Change 35.28% 39.16% 138.33%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $21.60M $23.88M $32.22M
YoY Change -25.53% -25.87% 26.44%
LONG-TERM ASSETS
Property, Plant & Equipment $158.0K $164.0K $7.328M
YoY Change -19.39% -97.76% 793.66%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $105.0K $105.0K $105.0K
YoY Change 0.0% 0.0% -77.17%
Total Long-Term Assets $5.127M $5.475M $7.433M
YoY Change -27.3% -26.34% 480.7%
TOTAL ASSETS
Total Short-Term Assets $21.60M $23.88M $32.22M
Total Long-Term Assets $5.127M $5.475M $7.433M
Total Assets $26.73M $29.36M $39.65M
YoY Change -25.88% -25.96% 48.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $397.0K $524.0K $321.0K
YoY Change 17.46% 63.24% -42.68%
Accrued Expenses $173.0K $205.0K $963.0K
YoY Change -14.78% -78.71% 14.64%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.126M $1.043M $1.621M
YoY Change -19.28% -35.66%
Total Short-Term Liabilities $2.908M $2.812M $2.905M
YoY Change 5.63% -3.2% 107.5%
LONG-TERM LIABILITIES
Long-Term Debt $2.986M $3.254M $4.455M
YoY Change -28.19% -26.96%
Other Long-Term Liabilities $521.0K $614.0K $809.0K
YoY Change -32.16% -24.1% 28.41%
Total Long-Term Liabilities $3.507M $3.868M $5.264M
YoY Change -28.81% -26.52% 735.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.908M $2.812M $2.905M
Total Long-Term Liabilities $3.507M $3.868M $5.264M
Total Liabilities $6.415M $6.680M $8.169M
YoY Change -16.46% -18.23% 302.41%
SHAREHOLDERS EQUITY
Retained Earnings -$183.3M -$179.0M
YoY Change 10.52%
Common Stock $203.6M $201.7M
YoY Change 4.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $20.31M $22.68M $31.48M
YoY Change
Total Liabilities & Shareholders Equity $26.73M $29.36M $39.65M
YoY Change -25.88% -25.96% 48.17%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$4.272M -$4.602M -$4.203M
YoY Change 2.57% 9.49% 17.4%
Depreciation, Depletion And Amortization $310.0K $19.00K $21.00K
YoY Change 1450.0% -9.52% 110.0%
Cash From Operating Activities -$2.918M -$2.966M -$2.770M
YoY Change -3.92% 7.08% 9.49%
INVESTING ACTIVITIES
Capital Expenditures $13.00K -$7.000K -$23.00K
YoY Change -285.71% -69.57% -54.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$13.00K -$7.000K -$23.00K
YoY Change 85.71% -69.57% -54.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $241.0K
YoY Change -97.57%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 828.0K 4.422M 241.0K
YoY Change -1900.0% 1734.85% -97.57%
NET CHANGE
Cash From Operating Activities -2.918M -2.966M -2.770M
Cash From Investing Activities -13.00K -7.000K -23.00K
Cash From Financing Activities 828.0K 4.422M 241.0K
Net Change In Cash -2.103M 1.449M -2.552M
YoY Change -31.94% -156.78% -134.86%
FREE CASH FLOW
Cash From Operating Activities -$2.918M -$2.966M -$2.770M
Capital Expenditures $13.00K -$7.000K -$23.00K
Free Cash Flow -$2.931M -$2.959M -$2.747M
YoY Change -3.27% 7.72% 10.77%

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<p id="xdx_80B_eus-gaap--NatureOfOperations_z4NSbmxlw7Kg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 48px"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1.</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_825_z0nk9KQ6BGB8">NATURE OF OPERATIONS</span></b></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Atomera Incorporated (“Atomera” or the “Company”) was incorporated in the state of Delaware in March 2007 under the name MEARS Technologies, Inc. and is engaged in the development, commercialization and licensing of proprietary processes and technologies for the semiconductor industry. On January 12, 2016, the Company changed its name to Atomera Incorporated.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Atomera is an early-stage company, having only recently begun limited revenue-generating activities, and is devoting substantially all its efforts toward technology research and development and to commercially licensing its technology to designers and manufacturers of integrated circuits.</p>
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Files In Submission

Name View Source Status
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atom-20220930_lab.xml Edgar Link unprocessable
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atomera_ex3101.htm Edgar Link pending
atomera_ex3102.htm Edgar Link pending
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atom-20220930_pre.xml Edgar Link unprocessable